The fire broke out in an area near the Visakhapatnam Container Terminal and an Indian Oil Corporation facility where fishing boats were anchored.
The accident occurred around 11.25 am at Visakhapatnam Port Trust's Single Point Mooring Terminal, where crude and oil supplies are handled.
Preparations are underway in Visakhapatnam for the third T20 cricket match between India and Sri Lanka on February 14 and tickets will be sold to spectators from February 11.
Chief Minister N Kiran Kumar Reddy on Monday relieved two of his secretaries of their duties in the Chief Minister's Office as part of a reshuffle of nearly a dozen Indian Administrative Service officers in the state.
Parallel to this, the ruling Telugu Desam has been organising rallies across the state in solidarity with its MPs.
No casualties were reported.
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra